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Business ID BS140965

Corporate Events Business for Sale - Sydney

Profits $190,000 after owners wages - Sale Price $600,000

This is a well established and respected business operating in the Corporate Event Management area.

The business has been well managed over many years with all the systems and procedures in place. There is a reliable management team in place that are responsible for most areas of the day to day operations.

BUSINESS HIGHLIGHTS

Some notable business highlights are as follows:

    •    Sales in the region of $3M pa
    •    GPM consistently in the 15-20% range
    •    Low fixed costs
    •    Very scalable operation
    •    Structured management in place
    •    Operating profit after allowing owners wages $190K in 2018
    •    On target for similar results in 2019
    •    No bad debt history
    •    Well-structured and systemised business
    •    Very clean set of financials
    •    No stock required

The owners do not have any immediate plans once the business is sold. In addition to the normal training and handover there may be an opportunity to engage one or both of the owners in some capacity to assist in the longer term. This would be subject to negotiation at the time of an offer.

The business would ideally suit someone already operating in the events management industry seeking expansion or someone wishing to move into this exciting industry.

Asking Price: $600,000 pa

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Business Sale Price:
$600,000
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